The legendary BG says....Outlook for Cash Position Post-Raising:
✅ Strengthened Balance Sheet: The capital raising will significantly strengthen ZIP’s balance sheet by reducing the corporate debt facility, thus lowering interest expenses and financial risk.
✅ Enhanced Liquidity: With the early repayment of debt, ZIP will have improved financial flexibility to pursue growth opportunities and navigate market challenges.
✅ EPS Accretive: The transaction is expected to be earnings per share (EPS) accretive for ZIP shareholders in FY25, meaning it will likely increase the company’s earnings per share.
$2+ PUMP TIME
$3 SOON, page-490
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55449 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 136951 | 4 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |